Safe Haven (SHA)

Overview

Safe Haven - Building solutions for inheritance, asset distribution and asset control on the VeChainThor Network.

Project stage

Only a whitepaper

Detailed description

Safe Haven is a platform built on the VeChainThor Blockchain that provides solutions for digital inheritance and continuity by working in unison with their patented Trust Alliance Network (TAN) to provide additional legal services to cryptoasset owners. Through Safe Haven, we envision a future in where all owners can easily create plans to distribute their digital inheritance and business continuity plans to their partners and loved ones.

Safe Haven gives contributors the opportunity to secure their digital assets without locking themselves out. Thanks to our TFC Share Distribution Key, Escrow Protocol, and the Trust Alliance Network (TAN), seeds/private keys/passphrases can be shared amongst stakeholders or family members in a transparent and secure manner. Our protocol distributes the shares in a way where the investor keeps (at all costs) the power over his assets. On the unfortunate day that he/she should pass away, a registered member of the Trust Alliance Platform (notary) can retrieve the remaining share on the blockchain to pass the contributor’s legacy down to his/her children or stakeholders.

Problem

Making assets inheritableAs the world becomes increasingly interested in cryptoassets, exchanges and wallets are increasingly becoming relied upon to safeguard wealth. The by-product of this creates a scenario in which protecting these private keys/seeds or passphrases are becoming a real problem while still providing proper access to loved ones in the event of a catastrophe.

Individuals could follow various methods to safeguard their keys, but the not all options can withstand physical destruction, poorly issued trust, a breach of security, and general theft.

Solution

Safe Haven offers a solution to this problem by providing a safe, secure, and transparent means for one’s digital assets to be inherited by anyone they choose, at any time they choose, while remaining in full control of their investment. Safe Haven’s complex, yet effective platform uses the advanced technology of Smart Contracts combined with legal entities from across the globe. This combination empowers Safe Haven Digital Asset (SHA DA) holders to ensure secure inheritance of widespread digital assets. Any group or organization can utilize Safe Haven’s platform.

The Safe Haven solution requires minimal involvement, which results in the initiator remaining in control. The initiator may retrieve his or her token at any time throughout the process. Through secure encryption, the initiator’s keys are split and encoded in the lockchain. The number of times the key is split varies, and depends on The number of times the key is split varies between each case. By enlisting legal entities worldwide via our TAN (Trust Alliance Network) each individual case is legally noted, and conditions for inheritance are given on an individual level, dependent on the wishes of the initiator. By involving both legal entities and secure, encrypted transactions all while leaving the initiator completely in control, our solution is transparent, easy to use, and unprecedented.

Features

The Family Circle Share Distribution ProtocolSafe Haven's Family Circle is a group that can be composed of anyone the user chooses from family to friends or stakeholders. The TFC SDP is a protocol developed by Safe Haven in order to establish a circle of trust in our eco-system.

Safe Haven's Trust AllianceThe TAN is an autonomous social networking hub for blockchain related legal affairs. The goal is to connect lawyers and notaries that specialize in crypto currencies to crypto investors and enthusiasts. The TAN is a hub for legal related blockchain information, articles, laws, etc. The TAN is world’s first legal reference for distributed ledger/blockchain applications, users, and companies.

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Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :SHA

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 11,160,204 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :VeChainThor (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :3,000,000 USD

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :8,500,000,000 SHA

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :3,361,180,681 SHA

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :USA,

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes

Activity

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